April 2003 by Frank Lorey IIIThe sleepy town of Mariposa, known more today as one of the gateways to Yosemite National Park, was once considered the southern end of the famed “Mother Lode” gold deposits that stretched hundreds of miles throughout California’s Sierra...
Last month saw a veritable mountain of good economic news come pouring out of government and industry. Industrial production was up; GDP rose strongly; unemployment rates came down; profits were up; consumer confidence readings rose; etc., etc., etc. And yet, strangely enough, the financial markets produced only a “molehill” of results.
I hit bedrock at two feet and followed it down as it appeared that I was on the edge of a rib that ran with the river. This was beginning to look very promising and I was seeing some small gold—pieces and flakes—in the header of my sluice box.
Police are investigating the theft of five stones, valued by their owner at $128,000, from an exhibit at a Tucson gem show.The largest of the stones taken from the show was a 7-inch-tall pink tourmaline worth $85,000.
At least 6 million ounces of gold have been produced in Oregon since 1859. Since there are no accurate records of production prior to 1904, it is obvious that total gold production was considerably higher than that which has been recorded.
Knowing how and when to deduct the cost and expenses of the vehicles used in the prospecting or mining operation can have significant tax implications.
As we have noted through the years, perhaps the most direct, single influence on the future of gold and silver is their monetary opposite—currencies in general, the US Dollar in particular.
While gold nugget detecting with a pulse induction machine, most people will be swinging a mono search coil and will have their machine set in all-metal mode. However, the newer pulse induction machines can and will discriminate iron very effectively...
The Bawl Mill • Impact of Habitat Designations Grossly Underestimated • Manslaughter Charges Dropped Against Sixteen to One Mine • A Unique Prospecting Method • Over the Divide • Cripple Creek, Colorado • Picks & Pans: Virginia Prospecting • PLP Gets the Key! • The Ocampo District, Chihuahua • The Collaboration • Mud Creek Placer Mine • Mining Stock Quotes and Mineral & Metal Prices • Looking Back • Melman on Gold & Silver